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New report warns U.S. universities of ‘degree gap’

U.S. universities will need to drastically change the way they do business in order to meet growing competition in the knowledge-based global economy, according to a national report released today.

The report by the Making Opportunity Affordable initiative says the “degree gap” between expected U.S. college graduates and the number needed to compete with best-performing nations will reach nearly 16 million by 2025.